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May 2017
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EDITO
Tuesday, 23 May 2017

At a time when countries across the Caribbean are faced with economic challenges, innovation in one of its prime sectors – the fisheries and aquaculture sector – can spur the kind of growth needed to help buttress the regional economy. But this kind of change won’t come overnight. The Caribbean Regional Fisheries Mechanism (CRFM) is working with Member States from around the region, as they prepare to take the first steps in converting fish waste to fish wealth – a change which could multiply earnings from the sector.

Thursday, 04 August 2016

The coastal and inland fisheries, tropical climate and fertile soils of South Pacific nations support the production of fresh ingredients that are healthy, nutritious and vitamin rich. Although traditional Pacific cuisine based on these fresh local ingredients is alive and well in the homes of Pacific Islanders, much of the food served in the tourism industry is imported and fails to deliver an authentic South Pacific cuisine experience to visitors. Many Pacific tourism menus are based on Western-style dishes which require the importation of significant amounts of food from overseas (estimated to comprise up to 80-90% of food consumed in some tourism operations for example).

Wednesday, 03 August 2016

In 2001 and 2008 the Asian Development Bank undertook studies to quantify benefits from the fisheries sectors of Pacific Island countries. Summaries of those studies are provided in Appendix 1 of the present book. In February 2014 discussions between the Pacific Community (SPC) and the Australian Department of Foreign Affairs and Trade (DFAT) resulted in an agreement to sponsor an update of the earlier publications. A consultant was retained and the fieldwork to collect information began in early August 2014, and was completed in early November.

Fiji's ginger industry is expected to get a timely boost from the cooperation between the Biosecurity Authority of Fiji (BAF) and Australian Department of Agriculture and Water Resources. The authority said the two organisations were working to improve and enhance the $12 million fresh ginger export pathway to Australia to ensure that the Fijian fresh ginger exported to Australia was pest free.

Tuesday, 02 August 2016

Britain's vote to leave the European Union is raising concern among Pacific nations, which include a number of former British colonies, about the outlook for some of their major exports. EU trade preferences prop up the price of Fijian sugar and permit duty-free imports of other Pacific agricultural goods, including palm oil, coffee, coconuts, and fish and caviar. Pacific shipments to the EU amounted to 1.3 billion euros ($1.43 billion) last year and are particularly important to the region's larger economies. The U.K. is Fiji's second largest merchandise export market, after Australia, and EU shipments account for close to 6% of Papua New Guinea's gross domestic product.

International Flavors & Fragrances Inc. (IFF) and Unilever announced a new partnership with leading non-governmental organizations to enhance the livelihoods of smallholder vetiver farmers in Haiti. The partnership, Vetiver Together, aims to sustainably improve food security, increase yields, and diversify income, while working to support women’s empowerment and environmental conservation. Let's reclall that Vetiver oil is a common ingredient in many fragrances and an important crop for Unilever, found in brands such as Axe and Impulse. Haiti produces some of the best vetiver in the world, and many farmers rely on cultivation of the root for their entire source of income.

Wednesday, 27 July 2016

The European Union-CARIFORUM Economic Partnership Agreement is not only aimed at increasing CARIFORUM member states’ access to the European market, but trade among themselves. In that respect, Silvia Kofler, the Minister Counselor, Political, Trade, Press and Information within the European Union Delegation to Barbados and the Eastern Caribbean, said in terms of intraregional trade there is still a lot of work to be done.

Friday, 17 June 2016

Caribbean countries have a living bank of marine resources from which they collectively cash out hundreds of millions of dollars a year to support emerging national economies by providing good jobs, food and foreign exchange, among other benefits. However, in order to remain active and competitive in the global marketplace, countries have had to find ways to surmount the challenges posed by stringent international standards called sanitary and phytosanitary (SPS) measures, for food safety and for protection against diseases carried animals and plants. Under an EU-funded SPS Measures Project, the ability of Caribbean countries to effectively address those challenges is being strengthened through initiatives such as specialized training for those gatekeepers who help to ensure the safety of both imported and exported foods. The project has reached a new milestone, as a group of professionals from CARIFORUM states -- the countries which make up the Caribbean Community, as well as the Dominican Republic -- has just concluded a sanitary and phytosanitary management course. The intensive two-week training, held at the United Nations University – Fisheries Training Programme (UNU-FTP) in Reykjavik, Iceland, was organized under the capacity building component of the project.

Source: caribbeannewsnow.com

Tuesday, 03 May 2016

The Standards Organisation of Nigeria (SON) and the European Union (EU) have begun an initiative to establish a code of practice for Nigerian Agricultural products for exportation. The information is contained in a statement jointly signed by Mrs Chinyere Egwuonwu, Deputy Director, Standards Directorate, SON, and Mrs Irina Kireeva of EU. The statement said that as part of efforts to achieve the goal, the organisations had concluded plans for a final national training on standards on code of practices for the products.

Thursday, 21 April 2016

This report examines various interactions between trade policy, with a specific focus on market access conditions, and factors that constitute the basis for achieving sustainable development. Market access conditions vis-avis imports are determined by a combination of border measures and behind the border measures, both of which add costs to the price of an imported product. By generating significant impact upon consumer welfare and the competitiveness of domestic industries, market access conditions in international trade thus are a key determinant of the effectiveness of trade as a means of implementation.